Shares of CPI Card Group Inc. (NASDAQ:PMTS) were up 2.7% during trading on Tuesday . The company traded as high as $4.64 and last traded at $4.56, with a volume of 151,272 shares changing hands. The stock had previously closed at $4.44.

A number of analysts have recently commented on PMTS shares. Goldman Sachs Group Inc. cut CPI Card Group from a “buy” rating to a “neutral” rating and cut their price objective for the company from $15.00 to $7.00 in a research report on Thursday, May 12th. Robert W. Baird cut CPI Card Group from an “outperform” rating to a “neutral” rating and cut their price objective for the company from $14.00 to $4.00 in a research report on Thursday, May 12th. Craig Hallum started coverage on CPI Card Group in a research report on Monday, June 27th. They issued a “buy” rating and a $8.00 price objective for the company. Zacks Investment Research raised CPI Card Group from a “sell” rating to a “hold” rating in a research note on Saturday, June 18th. Finally, CIBC lowered CPI Card Group from a “sector outperform” rating to a “sector perform” rating in a research note on Thursday, May 12th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. CPI Card Group currently has a consensus rating of “Hold” and an average target price of $9.25.

The stock has a market cap of $251.05 million and a PE ratio of 21.04. The stock has a 50 day moving average price of $4.76 and a 200 day moving average price of $6.52.

In other CPI Card Group news, CEO Steve Montross bought 25,000 shares of the company’s stock in a transaction dated Thursday, June 2nd. The shares were acquired at an average cost of $4.36 per share, with a total value of $109,000.00. Following the completion of the transaction, the chief executive officer now owns 1,544,143 shares in the company, valued at $6,732,463.48. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Chris Bakke bought 18,292 shares of the company’s stock in a transaction dated Monday, May 16th. The shares were acquired at an average cost of $4.23 per share, for a total transaction of $77,375.16. Following the completion of the transaction, the chief accounting officer now owns 18,292 shares of the company’s stock, valued at approximately $77,375.16. The disclosure for this purchase can be found here.

An institutional investor recently bought a new position in CPI Card Group stock. Bank of Montreal Can bought a new position in CPI Card Group Inc. (NASDAQ:PMTS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 186,980 shares of the company’s stock, valued at approximately $1,993,000. Bank of Montreal Can owned 0.33% of CPI Card Group as of its most recent SEC filing.

CPI Card Group Inc, formerly CPI Holdings I, Inc, provides Financial Payment Card solutions in North America. The Company is engaged in the design, production, data personalization, packaging and fulfillment of Financial Payment Cards, which it defines as credit cards, debit cards and prepaid debit cards issued on the networks of the Payment Card Brands in the United States, Europe and Canada.

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